Financing Plan

RethinkWaste completed an exhaustive analysis of six different plans of finance options to fund the Shoreway master plan improvements before approving a preferred option on May 19, 2009 consisting of the use of tax exempt bond proceeds and a Member Agency loan. The actual approval of bond sale occurred on July 23, 2009.

Below are links to each of the major staff reports that outlined all of the financing options considered, including final approval of bond sale.

$53.5 million in tax exempt bonds were sold on August 20, 2009. Details on the sale are provided below: